$1.5bn Lekki deep seaport project suffers setback

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Disagreements over the equity contributions of partners in the Lekki deep seaport are currently threatening the takeoff of the project, COMFORT OSEGHALE writes

Disagreements over the value of land donated by the Lagos State Government for the establishment of the Lekki Deep Seaport have been identified as the cause of the delay in the takeoff of the project.
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Alleged money laundering: Ladoja’s appeal suffers setback

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For the second time, in less than two weeks, the Court of Appeal, Lagos Division, yesterday refused to hear the appeal instituted by former Oyo State Governor, Rasheed Ladoja, challenging the competence of corruption charges levelled against him by the Economic and Financial Crimes Commission (EFCC).

The appeal which was earlier fixed for definite hearing could not be heard as a result of a defective application filed by counsel to the appellant, Dr. Dapo Olanipekun, from Chief Wole Olanipekun (SAN) chambers.